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37416, TN Home Insurance

In the zip code of 37416, the population size is around 14,844, which consists of 6,388 occupied homes in your area. We often hear homeowners ask us what the average home insurance premiums are for residence living in Chattanooga, TN. A few years ago, a study was done and found that the average home insurance rates for Tennessee are around $1,013 per year for a standard homeowners policy. At GetHomeInsuranceQuotes.com, we help homeowners find cheaper rates and better coverage for an existing or new home purchase opportunity. We have partnered with 12 major home insurance companies that have the most competitive rates for homes in the 37416 zip code location. Our savings model helps you not only save up to 40% or more, but also includes enhanced coverage options to help protect your home and family while livings in Chattanooga. If you enter your zip code for the home you would like to shop and compare rates for today, we can help you review the premiums and coverage online or over the phone. Give us a call now at 1-855-976-2656 so we can help you compare rates today!

If you would like to review more information on rates within your area, please click Chattanooga, TN Homeowners Insurance Online Rates Today!

37416 Home Insurance Average Premiums

Local 37416 homeowners insurance quotes comparison

$763 /yr.

Shows Zip Code: 37416 lowest rates with discounts applied on average.

For the 37416, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)		$763 /yr.
Average Coverage:$1013 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1313 /yr.

What is the average home insurance cost for a home in 37416?

  • • The average homeowners insurance premium paid annually for a home in 37416 is around $1013 per year.

What does it cost on average per month for home insurance in 37416?

  • • Homeowners in 37416 pay a monthly average cost per month around $84.00.

What kind of discount could I get if I combine my home and auto insurance together in 37416?

  • • Autoowners in 37416 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Chattanooga area, check out other zip codes nearby 37416.
Review average rates in another zip code:
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Home Replacement Cost Coverage in 37416

Average Building Cost Per Square Foot in 37416: $135

Location: Chattanooga, Tennessee (Hamilton County)

Average Square Footage in 37416: 1,126 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 37416 before you start any project. Chattanooga homeowners pay on average around $135 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 37416 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 37416 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,126 sq. ft. and the average cost to rebuild the home in this area is around $135 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Chattanooga area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$1351,126$152,000
Additional Upgrades & Added Features$1691,126$190,000
Major Home Updates or Advancements$2031,126$228,000

It's important to understand that when you estimate your replacement cost of your home in the 37416 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 37416

Carriage Hill Insurance of Chattanooga

Address: 5469 Highway 58 Chattanooga, TN 37416
Phone: (423)326-0033
Website:

Coffey Insurance Agency

Address: 5102 Highway 58 Suite 1 Box 6 Chattanooga, TN 37416
Phone: (423)855-8755
Website:

Best Home & Auto Insurance Agencies in 37416

Little Jr- John R - State Farm Insurance Agent

Address: 4830 Highway 58, #10 Chattanooga, TN 37416
Phone:
Website:
Info:

Livingston & Haven Inc

Address: 4304 Shelborne Dr Chattanooga, TN 37416
Phone:
Website:
Info:

Coffey Insurance Agency

Address: 5102 Highway 58, #6 Chattanooga, TN 37416
Phone:
Website:
Info:

Tennessee Farmers Insurance

Address: 6131 Preservation Dr Chattanooga, TN 37416
Phone:
Website: http://www.farmers.com
Info: Auto Insurance Quotes | Home, Life & Car Insurance | Farmers Insurance
Home, life and auto insurance quotes from Farmers Insurance Group. With discounts on car insurance and fast claim service its no wonder over 4000 customers a day switch to Farmers. Farmers Insurance group, auto insurance quotes, car insurance, auto insurance, automobile insurance, rate quote, business insurance, financial insurance, home insurance, mutual funds, life insurance, motorcycle insurance, farmers agent, renters insurance,

Housing Demographics for 37416

Population Review for 37416 Zip Code

For the city of Chattanooga, the population within 37416 has increased to over 15,894 residents in population size. The current population total is 14,844. We have broken down the population based on race below. In 37416, there are over 6923 in male population and 7921 females.

PopulationValues
Total Population14,844
White Population7011
Black Population6430
Hispanic Population687
Asian Population173
Hawaiian Population9
Indian Population55
Other Population292
Male Population6923
Female Population7921
Population Estimate15894

Household Data for 37416

The average number of homes in 37416 is around 6,388, there are an average of 2.32 per household. The average house value according to local real estate values is around $152,000. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode6,388
Persons Per Household2.32
Average House Value$152,000
Income Per Household$52354
Median Age42.1
Median Age Male40.0
Median Age Female44.0
37416 DetailsValues
StateTN
State Full NameTennessee
City TypeP
City Alias Abbreviation
Area Code423
CityChattanooga
City Alias NameCHATTANOOGA
CountyHamilton
County FIPS065
State FIPS47
Time Zone5
Day Light SavingY
MSA1560
PMSA
CSA174
CBSA16860
CBSA_DIV
CBSA_TypeMetro
CBSA_NameChattanooga, TN-GA
MSA_NameChattanooga, TN-GA MSA
PMSA_Name
RegionSouth
DivisionEast South Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses427
Number Of Employees11728
Business First Quarter Payroll141847
Business Annual Payroll586753
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population528143
CBSA Division Population0
Congressional District03
Congressional LandArea4570.32
Delivery Residential6851
Delivery Business537
Delivery Total9226
Preferred Last Line KeyX25003
Classification Code
Multi-County
CSA NameChattanooga-Cleveland-Dalton, TN-GA-AL
CBSA_DIV_Name
City State KeyX25003
Land Area20.544000
Water Area3.030000
City Alias Code
City Mixed CaseChattanooga
City Alias Mixed CaseChattanooga
Box Count224
SFDU5651
MFDU869
State ANSI47
County ANSI065
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number471560
Unique ZIP Name
SSA State County Code44320
Medicare CBSA Code16860
Medicare CBSA NameChattanooga, TN-GA
Medicare CBSA TypeMetro
Market Rating Area ID3
County Mixed CaseHamilton

Tennessee Homeowners Insurance News & Information

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